Wall Financial has submitted a rezoning application for a site at 1065 Pacific Street in the West End area of Downtown Vancouver.
The 12,972 SF site is currently improved with an older, 3-storey walkup apartment building containing 30 units.
The proposal is to allow for the development of a 32-storey rental building over five levels of underground parking accessed from the lane. The proposal includes:
- 180 rental units;
- 144 secured market rental units and 36 below-market rental units;
- 117 one-bedrooms, 62 two-bedrooms & 1 three-bedroom unit;
- A total density of 11.19 FSR;
- A building height of 300 ft.; and
- 100 vehicle parking spaces accessed via car elevator and 344 bicycle parking spaces.
The application is being considered under the Criteria for 100% Secured Rental and Below-Market Housing as an Alternative to Inclusionary Social Housing in the Burrard Corridor of the West End Community Plan.
